Lemminkäinen - Inside information

DAMAGES RELATED TO ASPHALT CARTEL: LEMMINKÄINEN HAS SETTLED WITH THE STATE OF FINLAND

Lemminkäinen and the State of Finland have settled the dispute concerning
damages related to the asphalt cartel and both parties will withdraw their
requests for leave to appeal and appeals from the Supreme Court. Therefore the
decision made by the Helsinki Court of Appeal on 20 October 2016 will be final
between the parties.

Through the settlement, the parties wished to end the long-lasting legal
proceeding and avoid additional costs. According to the settlement agreement,
the parties do not take any stand on whether there were any grounds for
compensation. The capital amount of the State of Finland’s claim exceeded EUR 56
million.

Concerning Lemminkäinen, there are still 13 other pending requests for leave to
appeal submitted by Lemminkäinen as well as 19 requests for leave to appeal
submitted by municipalities in the Supreme Court concerning the Helsinki Court
of Appeal’s decisions on 20 October 2016 regarding damages related to the
asphalt cartel. Lemminkäinen published a release regarding its requests for
leave to appeal to the Supreme Court on 19 December 2016.

LEMMINKÄINEN CORPORATION
Corporate Communications

ADDITIONAL INFORMATION:
Johan Nybergh, General Counsel
Tel. +358 2071 54811
johan.nybergh@lemminkainen.com

DISTRIBUTION:
Nasdaq Helsinki Ltd
Key media
www.lemminkainen.com

Lemminkäinen is an expert in complex infrastructure construction and building
construction in Northern Europe and one of the largest paving companies in its
market. Together with our customers and 4,800 professionals we employ, we build
a sustainable society. In 2015, our net sales were EUR 1.9 billion. Lemminkäinen
Corporation’s share is quoted on Nasdaq Helsinki Ltd. www.lemminkainen.com

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01137798.pdf